National Reverse Mortgage Lenders Association
Encyclopedia
The National Reverse Mortgage Lenders Association (NRMLA) is a U.S. trade organization for financial institutions involved in the origination and securitization of reverse mortgage
s. Founded in 1997 and headquartered in Washington, D.C.
, NRMLA hosts industry conferences, provides lobbying efforts on behalf of its member institutions, compiles and publishes data on reverse mortgage sales, and provides marketing outreach relating to reverse mortgage issues .
Reverse mortgage
A remortgage is a form of equity release available in the United States. It is a loan available to seniors aged 62 or older, under a Federal program administered by HUD. It enables eligible homeowners to access a portion of their equity...
s. Founded in 1997 and headquartered in Washington, D.C.
Washington, D.C.
Washington, D.C., formally the District of Columbia and commonly referred to as Washington, "the District", or simply D.C., is the capital of the United States. On July 16, 1790, the United States Congress approved the creation of a permanent national capital as permitted by the U.S. Constitution....
, NRMLA hosts industry conferences, provides lobbying efforts on behalf of its member institutions, compiles and publishes data on reverse mortgage sales, and provides marketing outreach relating to reverse mortgage issues .